Skip to main content

tv   Bloomberg Technology  Bloomberg  November 4, 2016 6:00pm-7:01pm EDT

6:00 pm
robbery suspect in the bronx. authorities say the gunman was also killed. he reportedly fired on officers who stopped his car following a brief pursuit. and the new york city police are investigating the possibility of an al qaeda attack on the eve of the election. officials say they are reviewing information that mentioned new york, texas, and virginia as potential targets. new york police say the information that has been received is not specific. new jersey governor chris christie released this statement saying he had no role in authorizing lane realignments on the george washington bridge that resulted in the convictions of two of his former aides. themderal jury friday found thesed of creating chaos on bridge over several days in september of 2013. the move was meant to punish the democratic mayor of fort lee, who earlier refused to endorse chris christie.
6:01 pm
coming into force faster than anticipated -- it ends a successful year of global efforts to reduce emissions of globaldioxide and other warming gases. in new york, i am mark crumpton. "bloomberg technology" is next. ♪ i am brad stone in for emily chang. this is "bloomberg technology." up, steve ballmer unplugged on a range of issues, including his relationship with bill gates and the bitter race for the presidency. our exclusive interview with the former microsoft ceo. plus, a switch and controllers at the top of the gaming industry. why nicola tomasi is handing over the reins at glu mobile.
6:02 pm
the gap with microsoft and amazon? let's start with the top tech stories of the week. proxy advisors are split on the tesla solar city deal. lewis cannot opposing the acquisition, calling it a thinly veiled bailout plan. the earlier institutional shareholder service said the shareholders should vote in favor of the proposed 2.3 billion merger of the two companies. an iss report says tesla can bridge the funding gap with cash burning solar city. joining us to break down this and the other top stories of the week is the principal analyst at forrester, and bloomberg news reporter who covers tesla. let's start with you. a good day for this tesla solar city deal, considering there were 2 reports telling investors to do separate things? >> it's a mixed bag. is pretty influential. so with glass lewis.
6:03 pm
the iss report came out first. i think what people should remember is that most large shareholders do their own research. even though this is significant, the vanguards and fidelity's are likely to do their own research. brad: where do you think their decisions are trending right now? profit.clared a solar city reports next week. >> solar city reports on wednesday, right after the election. i think most shareholders are long on elon and most shareholders are in both companies. if you're voting against the merger, in some ways your voting against yourself. it depends how long you're willing to wait for financial success. brad: one thing iss did say, there was a governance problem at tesla. >> i think they called it suboptimal. way: which is a very elon to put it. will that have an impact? >> there are growing calls for the board to change somehow.
6:04 pm
maybe add more independent directors, more women. it will be interesting to see if the merger is approved and if they take those criticisms to task and expand the board. brad: another company that silicon valley is talking about this week, go pro. not a good day for go pro. the stock went down almost 20% on lackluster earnings. today it's surprisingly made up some of that ground. what message do we take out of that? do you think investors think that maybe the drone and set carrying this company? >> i would be surprised if that's the case. it's a tough market. our forrester research data shows only 12% of consumers own any standalone video recorder, and whether they are selling go professionals to movie producers, it is still a relatively mixed market. idea why investors were not as pessimistic today as they were yesterday? >> it's hard to speak for investors and what they view as a bargain.
6:05 pm
aad: another company that had big week, facebook. earnings were great in almost every respect and yet the stock lost 8% over the week, over this possibility that the company raised that it was running out of places to put ads. >> it's always difficult to say what is in an investor's mind. when we look at the time the consumers spend on mobile devices, facebook still owns about 1 in 6 of every one of those minutes, or mobile moments. they are yet to really monetize facebook messenger or whatsapp are some of their other properties. i would feel more optimistic about what the long-term upside is. they have a lot of space to grow into as part of their mobile portfolio. brad: what about television? the company said they might use their audience network to bring thee ads on devices like roku or apple tv.
6:06 pm
could that be a big business for facebook? possibility. facebook has a very large mobile audience, which they are doing their best to monetize. facebook also has a lot of data as consumers. who we like, who are friends are, where we go, to the extent that they can use that data to make the advertising more valuable on these other platforms. seems like a good opportunity to me. brad: we talked about gopro. overall it wasn't a great week for hardware in the valley. declaring possible shortfalls in sales over the holiday season. we just reported that the hardware partner at the y company or -- combinator incubator has left. can you connect the dots here? what is happening among the smaller hardware makers? >> hardware is always very difficult to do and it's hard to
6:07 pm
make money just doing hardware. there's a few factors in play their. -- there. one of theses buy devices, they have an expectation of an outcome. even if you ship a piece of hardware, you are constantly in the mode of services and trying to help consumers get the outcome they expect. when you look specifically at fitbit and what we are forecasting over the last five years, we are not forecasting much in terms of increased sales. the overall market will double from 1 in 6 consumers to having a wearable device to 1 in 3. byy are actually preferred -- you know, consumers coming into the market. brad: what is the future for fitbit? >> the big opportunity for fitbit, if it's some point insurance companies, either mandates that each one of us wears those devices or gets a huge financial benefit for doing so, and there's more in it for the consumer, but i don't believe there's enough
6:08 pm
self-motivated consumers to make this a much bigger market. brad: principal analyst at forrester, and bloomberg news reporter, thank you very much. coming up, a shakeup at glu mobile. nickel and a massie tells us why he is stepping down as ceo. ♪
6:09 pm
6:10 pm
brad: a shakeup in the world of mobile gaming. mobile's long leader -- longtime leader, niccolo de masi, is assuming a new role as executive chairman. glu mobile is the maker of the popular game kim kardashian hollywood. it still generates millions in
6:11 pm
bookings for glu. but investors have grown ansi, wondering when glu will be able to re-create a hit on that scale. glu mobile's chairman niccolo de in the studio. why have you handed over the steering wheel to your colleague? we made three big announcements today. the first one is on my hand-picked successor and my succession plan. the second was the claimant of nick earl. the third was the acquisition of a new business. the transition is my own instigation. i have run glu for 7 years. we have done a lot of great things. when i joined glu, we had $14 million of net debt. we have quadrupled venues -- revenues. but, at some point, you sort of recognize that life is full of giddings and endings. second-biggests
6:12 pm
shareholder on the board, i recognize that we need to find a product centered leader for the next stage of growth for our business. i worked backwards a few months ago from what do i do to make my shares more valuable, and what do i do to make -- bring glu to the next level? we need more creativity in the ceo level, particularly in a world where you are making fewer, bigger bets. more expensive, more complex, higher quality. the ceo's have to own everyone of those decisions. that is probably one of the biggest drivers. i'm going onto a different opportunity, different sector. brad: when you tell us briefly -- why don't you tell us briefly what you will be doing with andy. is the biggest bets that andy and playground are making as an investment vehicle, it's an incubator. brad: is a virtual reality? it's hardware.
6:13 pm
that's what i can say at this moment. there will be a lot more information coming out on this in december. it's the only business andy rubin is personally the ceo of. it's a big statement of how interesting this is. i'm giving up a public company ceo. we are a covenant to fit. brad: activision recently reported earnings and they were lackluster at king digital. is there any secular troubles here, or people turning away from mobile games or games like pokemon? is that impacting glu? niccolo: it's fair to say that the world gone mobile, two or three years ago the app store was entirely a game store. what happened today was facebook's revenues from web to almost 100% mobile, and a are
6:14 pm
doing very well with that strategy. today the app stores reflect all of entertainment, all of life or you have social networking, video, music, dating, gaming. it is certainly getting harder to get a top grossing spot that products that the do it are becoming platform products. spotify is a platform for music. what glu is doing, and this is true for the whole sector, is trying to make platform bets with the new products we build as well as acquisition strategy. that is what is reflected this morning in our position as well. it's a bet on platform products. crowd star is based in burlington, california, near our headquarters are at the are the top grossing fashion app. today glu owns 2 or 3 games that are top grossing. covet fashion if the number one fashion app in the store. it's a platform product.
6:15 pm
it allows you to interact with any article of fashion, high branded fashion, through the community whereby you are competing with other people to create the best to look. what is the best cocktail outfit? what is the best beach wedding outfit, etc. it has platformized the fashion world in a game fight setting. not too long between now and christmas. we think we can do the same thing in the home design category. the future of glu will be about these platform bets. what can we do to actually build out evergreen properties the fundamentally never go away? of those topld one grossing spots, never had it diminished. that means you want to go after big categories. social networking, music, tv. >> the celebrity category one that you have had a lot of success with. of other celebrities manage to replicate what kim kardashian did with the hollywood game?
6:16 pm
to say thats fair in the game space, replication is difficult in a traditional, hit-driven model. had notd success, we've success with that model. we're moving to a platform approach. you will see what our next taylor swift game that comes out next year, that will be a platform product. you will see a platform version of the game coming out with our nicki minaj game probably before christmas. you will see more and more of this platform thinking coming to the entire glu roadmap the further out we get. brad: of vital importance to the audience at linear technology, kim kardashian on social media, she hasn't, as i understand, tweeted or interacted with her supporters or fans can she was robbed in europe recently. how long will that last and when will she return? niccolo: i don't know exactly when she's going to return. i've said in other news outlets that i'm optimist take that she
6:17 pm
will. i think the world would miss not having kim kardashian involved in social media. she's pretty much the pioneer of this. i am in touch with her. so our game is going on and it is being updated and there is a road of updates which she is approving. brad: it's her departure related to the theft? niccolo: i don't think i'm in a position to comment on whether or not i know the answer to that is a consummate professional. it's been a traumatic event. i'm sure there's all sorts of investigations going on about that and i'm sure she's thinking about whether or not you should be rejiggering how you use social media in the future. the important thing for glu is that the contract goes on for many years, kim has been a great partner, and we have no hold up in our ability to put out updates. brad: the chairman of glu mobile, thank you and good luck with your transition. coming up, steve ballmer opens
6:18 pm
relationshipfrayed with bill gates. a stop on the presidential election and which candidate has the better tax plan. don't -- don't miss our exclusive interview next. this is bloomberg. ♪
6:19 pm
6:20 pm
brad: former microsoft ceo steve ballmer has opened up on his strained relationship with ill gates. he says it was his decision to move into smart homes that led to the relationship breaking down. ballmer revealed the details during an exclusive interview with emily chang on bloomberg's "studio 1.0." this is kind of like my baby. my baby and bill's baby. he was kind of like the senior partner, i was a junior partner.
6:21 pm
if it was the raising of children, i would say -- mom gets to decide more than dad, but -- i take great satisfaction in the things we at cop wishbut throughout the time, not just when i became ceo. when i became ceo, we had a miserable year. build it not know how to work for anybody and i did not know how to manage bill. i'm not sure i ever learned the latter. things lightened up some. my life changed a lot in 2008, when bill actually left the company. aid, i'm happy to help you in any way but i don't want you to need me. i can come and go. if you want me, great, but i have another life. i finally felt like, ok. we are not partners anymore. i have to take accountability. i think i probably did some of my best work at the company after bill left. emily: like what? push this into being.
6:22 pm
sustained that investment. that's really where we got into the cloud. we started off with 365. after bill left, we pushed into the hardware business with surface. satya nadella, my successor, sort of taking things there to infinity and beyond, if you will. emily: how do you feel about being asked about your successes and tell years -- failures? stage, i'm almost three years out. it's ancient history. have a lot of success, yeah. iere are some things i wish had done differently, of course. i started a company that had $2.5 million in revenue and 30 people, and i left a company billion in profit, and i feel like that net pretty good success. emily: what is your relationship like with bill today? >> we drifted apart. microsoft was kind of the thing
6:23 pm
that really bound us. we started off as friends but then got really quite enmeshed around microsoft. gone, we really have drifted a little bit. emily: he wasn't happy about when you left, you left suddenly. what rhappeally ed? >> for me it was not a simple thing for either one of us. i think at the end of the day, there are probably two things straight a little bit of a difference in opinion on the strategic direction of the company, which i think is a challenge, and a number two, he and i had kind of always had what i would call a brotherly relationship and the good parts and bad parts, and i think towards the end that was a bit more difficult and not particularly with the strategic change, and stock prices not going anywhere, so the rest of the board felt pressure, despite the fact that profits were --i
6:24 pm
think he had a combustible situation. emily: does it ever bother you that you don't get credit for that? steve: sure and no. at the end of the day, i have a great comfort of knowing what i have been feeling good about myself and everything else. doesn't really matter. emily: where did you want to take the company? a fundamentalas disagreement about how important it was to be in the hardware business. the board had been reluctant in supporting it. then things came to a climax around what to do about the phone business. emily: satya nadella recently said, missing the mobile phone with one of the biggest mistakes in microsoft's history. what would you have done differently? teve: i would've recognize that what we had in the pc, where there was a separation of chips, systems, and software wasn't going to largely reproduce itself in the mobile world.
6:25 pm
i wish i had thought about the model of subsidizing phones through the operators. people like to point to the quote where i said, the iphone will never sell. the price of $700 was too high. there was business model innovation by apple to get it built into the monthly cell phone bill. we should have been in the hardware business sooner in the phone case. we were still suffering what i would call some of the effects of our vista release of windows, whic hsucked up -- which sucked up a huge amount of resource. when you have a lot of your best engineerssort of in a sense being nonproductive for a while, it really takes a toll. emily: when you have bought nokia? steve: i certainly would have wanted to buy nokia. the company came back and said -- board came back and said the company should go ahead and read
6:26 pm
it executed in a certain way, i think it made a lot of sense. the company chose to go another direction, and that's their decision the company made. i see the stock price flying sky-high. all you can say is, the markets certainly agree with the corrections. -- directions. brad: that was former microsoft ceo steve on her speaking with emily chang. ballmer speaking with emily chang. coming up up, google is ramping up its cloud ambitions and investing in the company that owns snapchat. what is the search leader of two? more on this story next. this is bloomberg. ♪
6:27 pm
6:28 pm
6:29 pm
6:30 pm
mark: mrs. clinton praised the latest jobs report. >> we have good news this morning, our economy created 161,000 jobs last month. that is 73 straight months of jobs growth. in new hampshire, donald trump disagreed, saying the figures don't tell the whole story. >> the terrible jobs report that just came out shows the number of people not in the workforce increased by another 425,000 people last month. that's why you see these phony numbers, about 5% unemployed. people are stopping, they are not looking for work anymore because they can't get a job. these numbers are in absolute disaster. mark: in new jersey, a jury found two former allies of
6:31 pm
governor chris christie guilty of plotting traffic jams for political retaliation. jurors convicted on all counts. he recused of intentionally creating the chaos at the george washington bridge over several days in september 2013. >> when people do things in government, when they are supposed to be serving the public, and they take actions that in fact undermine the public's confidence in our ability to do their work because what they have done it so far over the line and is illegal that we have to seek them out and see that they are punished. the case attorney call a disgrace and said the u.s. attorney's office should be, quote, ashamed of where it chose to draw the line and who to charge. sentencing fois set for februar.
6:32 pm
in south korea, the embattled president said she will clock rate prosecutors investing and influence peddling scandal. her approval rating is at a record low 5% rate she has admitted sharing government longtime friend who was officially arrested on thursday. says heippine president may not survive his six-year term. he did not explain what he meant but said there were people who want him out because of his violent crackdown on illegal drugs. nigeria's launched an investigation into a human rights watch report alleging officials raped and sexually abused women and girls who survived boko haram. the alleged abuse is said to be happening at camps set up to offer aid and accommodation. is "bloomberg technology." i'm brad stone, in for emily chang. google is diving headfirst into
6:33 pm
cloud services. share of thet's public cloud market has more than doubled since the second quarter of 2015. this according to estimates from synergy research group. despite those impressive gains, the company still comes a distant third behind microsoft and amazon in the public cloud market. is ang us to discuss bloomberg technology reporter, mike burgess, who covered the story in the latest edition of "bloomberg businessweek." thank you for joining us. in the store you said that board member diane greene last november when she joined the company to run the cloud business was given a blank check. this -- what has that blank check bought? >> she's gone and overseen at least 4 acquisitions. she's building the pieces to compete with microsoft and amazon. google's in an audit position where they are pretty far behind. brad: they move the needle but significantly yet? >> the story is they are late to
6:34 pm
the game, they had the pieces in a long time. google is arguably the pioneer. they have made a lot of traction , there's a lot of people in industry where they like a green and trust her but they think amazon has a big first mover advantage. line i was surprised by a in your story that a significant chunk of the google cloud revenue comes from 2 customers. apple, which is unbelievable, and then the company that owns snapchat, snap. those two companies, is that a majority? >> we don't know if it's a majority. there are some customers they claim they have had. home depot is one. evernote is another on the cloud side. they've had difficulty getting a lot of customers because amazon has a lot of advantages of with the use and their
6:35 pm
developer tools are a bit more familiar. brad: they have to worry that apple and snap when eventually want to move out there cloud and do it themselves. it's not only google, it seems they give money to microsoft and amazon, hedging putting their money -- brad: we learned today that google capital, renamed capital g -- tell us what's behind that. they have invested in snap. is this the enemy of my enemy is my friend strategy? was justap investment disclosed on their website, the small logo. was anpanies -- snap early start up. google won that contract in the business, maybe not for seeing the tremendous growth that snap would become. in some ways we have -- a lot of snap content is not on the mobile web. brad: google has tried to buy
6:36 pm
snapchat in the past. >> it fits in theirortfol. they don't have anything on social. they are kicking the tires with twitter. snapchat is one we talked about a lot, facebook and google dominating the digital advertising. people say, there is snapchat, which could become the third layer there. when theyting topics, reported their quarterly earnings, they learn something new about their hardware business. they started reporting an inventory item. what did we learn? >> right now they have $500 million of cash on hand. that is not just google, the new pixel phone and home speaker device. nests, which has thermostats. they have not really disclosed anything about the sales for nest. brad: small bit of detail.
6:37 pm
>> the company historically does not give much. brad: or when we see the same number and can give direction. >> the preference for hide where -- hardware -- with the cloud business, we know they will probably not be as great as search. alphabet has struggled in europe for a long time because they have some serious antitrust scrutiny and they finally responded to the latest antitrust complaint. tell us about that and whether they are turning the tide. >> they are not backing down. one of their responses was pretty strong. charges around advertising. eu doesn't really understand how consumers shop. you look at the shopping service, the first target of the ebay and amazon are
6:38 pm
far bigger both in the states and in europe. brad: i don't think of google having a monopoly on search at all. a lot of people start their searches on amazon. it seems to me there is a stronger argument to be made in >> the are much weaker on the android argument. that is why it will hurt them a lot. they preinstalled about 11 different google apps. that really probably hurts their bottom line. the head of the antitrust commission in the eu, issue pushing forward? >> as far as i understand, she will be keeping her -- keeping close to her deck. it sounds like she is pressing forward on all of them together. brad: thank you for joining us. coming up, the new funding
6:39 pm
platform giving boost to female led businesses. how albright cofounder debbie west scout plans on leveling the playing field, next. this is bloomberg. ♪
6:40 pm
6:41 pm
6:42 pm
albrightding platform is looking to provide a boost for female led companies. recently launched in the u.k., the company plans on combining an angel network crowdfunding to provide capital for female entrepreneurs. bloomberg's caroline hyde spoke with the albright cofounder, debbie wosskow, and asked why there is a need for a fund like this. >> a huge global funding gap for women. globally only 10% of all capital invested is in a female lead business. on the other side of the table, only 7% of people investing and 14% of angel investors are women. have cofounded albright in order to address that funding gap. is 10% out of kilter with how many businesses are actually out there led by female entrepreneurs at the moment? ie: in the u.s., you are
6:43 pm
twice as likely as a woman, and a woman, every woman, to found a business, as you are in the u.k.. something in the u.k. is particularly out of kilter. researchried to do our on why, on why this is the women are not founding businesses at the same rate as men. it's a complicated problem. the thinking behind albright, there are two pars tot his -- parts to this. the first is access to capital. a crowdfunding platform, where you are able, as someone who is watching the show for example, to invest individually and perhaps small funds of money in female led businesses. the volume of investments made that needs -- made, there needs to be a conversation. part is partly about
6:44 pm
access to capital, but about culture change. when you talk to women about why they don't plan businesses, lots of different pieces of feedback comeback. confidence, it's about coaching, mentoring, network. it's about appetite for risk. confidence,we have a dress thad develop the foundations for outright. it's about money, but it's also about the academy. >> this is for something that is focused on u.k.'s female entrepreneurs. how global ins perspective -- in perspective is this fund? we have a singular objective that will keep us busy to begin with. and that is, how do we make the u.k. the best place in the world to be a female founder? how can we change those numbers? how can we create a different environment? from the entrepreneur perspective, we are completely focused on u.k. businesses to start with. from the investor perspective, you can invest in the funds or
6:45 pm
the angel crowd network wherever you are based. -- available to people who own assets in the there is we have found global traction to this topic of investing in women. it's about purpose, but it's also about profit. women get 35% better returns female led businesses. even working on that small 10% fund. this is a purpose, mission driven story. it's about creating female entrepreneurs. it's also a financial driven story, about getting great returns on your investment. brad: that was the albright cofounder, debbie wosskow, speaking with bloomberg's caroline hyde. returning to our exclusive conversation with the former microsoft ceo, steve ballmer. dives into the upcoming presidential election. whystarts by asking ballmer
6:46 pm
he has been so optimistic about the government. interesting to hear you be so optimistic about the government, given the presidential election we are currently in right now. i know you typically votes republican. steve: i've never said that. i'm a definite independent. i care about issues deeply. and i'm going to vote for anybody who shares my interests. emily: what do you think a hillary clinton presidency would mean for innovation, jobs, the economy? what would a donald trump mean for those same things? steve: at the end of the day, neither one of those plans have much to do with job creation. i probably am a little less mean for those same things? convinced the federal government action or local government action has anything to do with job creation. i think job creation comes out of productivity gains, which comes out of innovation.
6:47 pm
emily: do you think this election has become too much about not the issues and not enough about what is important? steve: i think this election has become a lot about personality. think on both sides, that has really been blown up. emily: we have seen so many people in silicon valley and the tech industry come out and say they are against donald trump. why not be more public about it? ceo's i would advise most to keep their political opinions to themselves. they will be running their businesses under either administration. their shareholders may not agree with their views. companies should represent the views of their shareholders, and whatever happens, probably at least 40% of people will vote for either of the two candidates. i don't really think that is a good thing to do. should stand up for
6:48 pm
their issues, but i don't think they should pick candidates. i would not want a company in which i am an investor to do so. as a private citizen, i will vote my mind. the thing i'm going to emphasize is the issues i care about and the facts. brad: the former microsoft ceo steve ballmer with bloomberg's emily chang. don't miss the full interview this sunday at noon in new york time. also available is a podcast on itunes and soundcloud. join us tuesday for full coverage as the polls close across the country. bloomberg's david gura and washington bureau chief megan murphy lead the discussion starting at 7:00 p.m. new york in san francisco on bloomberg tv, bloomberg radio, and rise of the machine that is coming to a hotel near you. we will hear from the start of using robots to deliver room service, next. this ibloomberg. ♪
6:49 pm
6:50 pm
6:51 pm
are expecting the company to post single-digit declines in revenue and operating profits. but investors will also be listening closely for more details on the ceo's son's investment, from the $32 billion to buy the chipmaker arm to an ambitious $100 billion tech fund. silicon valley startup savvy oaks relay robots is already active in thousands of motels. bloomberg technology's ian king looks at what robot room service means for the future of hospitality and the high-powered computing that will pwoer it -- power it. >> i wonder if you could send some items up to my room, please? >> pepto-bismol, anything else?
6:52 pm
think about the way the world has changed over the last five years in terms of being able to get things to your home or office. relay is the last 1000 feet. >> intel sees a future in delivering bags of cheetos to hotel guests. has deployed delivery robots in several silicon valley area hotels. firstlook at this as the .tep in economist delivery in the 20th century, i would say mail.e moving in the 21st century it is packages, but it's also coffee, equipment, whatever needs to move around. while the little robot seems
6:53 pm
like it is performing only rudimentary tasks, there a lot of heavyweight computing going on under the hood, as it literally finds its own way around. >> think about a blind person navigating. they are going to feel for the wall -- wall. as it goes along, it is feeling the wall, so to speak. eyes so it has a little bit of a life to it. there's a subtle curve underneath, sort of a smile. it is surprising how many people don't give it a second look. they are concerned the robots are taking over, replacing people's jobs. i think it reminds them of tv shows they have seen in the past, from the jetsons or r2d2 from "star wars."
6:54 pm
technology has gotten to a point where robots can make sense of the world in real time. if the robot can see the world, process when it is seeing, and make a decision, it can go around that. what has technology companies excited about the robot engine. if they are built so they can work with people and are safe to be around, their use can take off. brad: bloomberg's ian king joins us now with more. i noticed you did not kick the robot. that was a good order. i read it was in thousands of hotels. it's actually much smaller than that. is this just a novelty, proof of concept, or does intel and savioke see a real market here? >> it has done tens of thousands of deliveries. sees a business as a
6:55 pm
service. they have a limited number of these things they are supplying to hotels, and they are supplying it as a service they manage through the cloud. companies like intel, it's a whole different thing. it is basically a computer on wheels. is slowingcomputing down. they're looking for new places where they can put those tips. >> if i'm ordering room service from a hotel, i want my club sandwich and soda or continental breakfast. >> is basically about the size of a plastic ice bucket. you can put in items that don't need to be level or anything. >> were you impressed by this robot? >> i was. by the technology going on behind the scenes. it's pretty good. i tried to get it to run me over, it wouldn't. >> you said it does a happy dance. >> it does. you rate it like you would rate your uber.
6:56 pm
if you give it the maximum number of stars, it does this little jig. ian king,technology's thanks. that does it for this edition of "bloomberg technology." don't miss steve ballmer on "studio 1.0" at noon new york time. remember, all episodes of "bloomberg technology" are now live streaming on twitter. check us out at @ bloomberg tech tv. that's all for now. this is bloomberg. ♪
6:57 pm
6:58 pm
6:59 pm
7:00 pm
♪ >> from our studios in new york city, this is "charlie rose." begin this evening with a look of a presidential campaign. once again a tight contest with less than a week remaining before election day. hillary clinton currently holds a narrow lead, with 45% of voters supporting her, 42% for trump. according to the latest new york times poll, respondents say that recent revelations have made no impact on their decisions. joining me is bloomberg news' al


info Stream Only

Uploaded by TV Archive on